GBPUSD-Weekly Market Analysis-Jul20,Wk5I'm still in on short on the bearish shark pattern on the 4-hourly chart(link at the bottom), as for traders who are looking for a buying opportunity, 1.2724 can be a good opportunity on the 1-hourly chart.
Bearish Shark
Tcs good shorting candidateTcs bearish shark pattern formation,, good to go short,, view gets negated above 2355 levels once sustain above this levels for 30 mins,, down side 2250--2220--2180 levels possible
Bajaj finance a conditional sell candidateBajaj finance :-
Darvax box consolidation are peak levels,
Rising Wedge pattern,,
Bearish harmonic Shark pattern fomation,
Bearish divergence on RSI indicator,,
50% Time and Price retracement,,
Breaking below 3190 which is support as per darvas box and also trend line support of rising wedge pattern,, and sustain would lead to fast and furious fall,, for 10-15-20%,, view gets negated above recent high on closing basis,,,
#DJIA #DOW #DOWJONES 30 #Short #BearishShark #HarmonicPatternA bearish shark pattern seems to be maturing on the 30 minute chart.
Entry @pprox 26287.42
T.P. 1 @pprox 25957.00
T.P. 2 @pprox 25619.46
S.L. @pprox 26389.64
USDJPY-Weekly Market Analysis-Jul20,Wk3Seldom I post a weekly market analysis on a 15-mins chart, but this is important. As the market didn't break and close above 107.87 on the daily chart, I'm waiting for a shorting opportunity.
On the 1-hourly chart, we only have a sell-zone and M15 we have a bearish shark. I'm waiting for a candle confirmation to engage the trade for a shorting opportunity.
SPX: Nenstar inside Cypher: Double SharkWe got a big 'W' which is Bearish. The right arm of W is lower than the left was; it is a Cypher.
The Nenstar inside the Cyper was a smaller formation with a larger right arm than left; hence, Nenstar.
Both Shark patterns; both 'W's and both Bearish. Get ready to Fill My Gap!!
This is not trading advice and should be taken with a grain or even a full shaker of salt; trade at your own risk, GLTA!
USDJPY-Weekly Market Analysis-Jul20,Wk1USDJPY doesn't have a distinct trend at the moment. If market consolidates within the red box I will be waiting for a shorting opportunity.
A break and close above the red box then I'll wait for the market to travel to Point D for a shorting opportunity.
#Bearish #Shark #Harmonic #Pattern 240 chart240 chart.
A bearish shark pattern has completed on the Dollar/Forint.
S.l., T.P.s & Entry all sorted.
1) R/R = 2.23%
2) R/R = 3.56
SPX in EW 2 of Impulsive Shark DT after Island Top ReversalUp TL broken; DT in progress, Bear Rally = EW 2; Chart details suffice IMO; Shark Nenstar is in play, Tar 2498-2530;
Res Ipse Loquitur!
EW Projections are Estimates based on most common occurring Fibos;
This is NOT investment advice; trade at your own risk; GLTA!!
Ref: JJ Murphy, Fig 4.10A, p. 72 (TL Rejection) and EW Chapter Theory:
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Ref: EW Leg common Fibos, ref chart: "Characteristics of Waves":
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AUDCAD - Bearish SharkA bearish shark pattern consolidate on the 4-hourly chart resistance, a pending order has been set in anticipation of a check back to capture this trade.
NASDAQ100 1H Shark PatternShark Pattern!
Giriş kademeli: 10070-10200
Stop: 10300
Tp1: 9836
Tp2: 9630
GBPUSD-Weekly Market Analysis-Jun20,Wk3GBPUSD on the higher timeframe on the daily chart, it is a bearish trend, right not the setup is at its the perfect shorting opportunity.
There are 3 opportunities to short this pair.
1. Within the sell zone(red box) there is a shorting opportunity
2. Personally, I preferred to short on the bearish shark setup on the 1-hourly chart
3. The head and shoulders on the 4-hourly chart for a shorting opportunity.
It is a pair I'm going to watch closely for the next trading opportunity.
NZDJPY - Bearish SharkAfter the bearish shark confirmation through the bearish engulfing candle, I'm waiting for a check-back on the daily chart(left); on the 4-hourly chart(right) to engage the trade.
Most likely this will be a trade for tomorrow for people who are living around the (+8GMT) timezone.
NZDJPY - Bearish SharkAfter the bearish shark confirmation through the bearish engulfing candle, I'm waiting for a check-back on the daily chart(left); on the 4-hourly chart(right) to engage the trade.
Most likely this will be a trade for tomorrow for people who are living around the (+8GMT) timezone.
Trade Ideas Position: EURUSD SharkA bearish shark pattern has formed on the 1-hourly chart, it is not convincing for me to engage the trade reason being of the consolidation area and both oscillators are not congruent, however, the 4-hourly chart looks good as a double-top, I'll need a confirmation candle to engage it.
Now, why is that so?
The overall bias I have on this trade is bullish on both the 1-hourly and 4-hourly chart, other than the chart patterns and filters there is no other clue suggesting a shorting opportunity, however, it is true that all trending movement, there is a retracement and the earnings for the retracement can be good.
USDJPY Overview UpdateTrade triggers d legs of both bearish shark and crab harmonic patterns. A update in the trade idea.
Trade Ideas Position: USDJPY SharkA type2 bearish shark pattern is in the zone. It's known as the type2 pattern because it has reached the first target.
Sell limit has been placed.
Trade Ideas Position: AUDCAD SharkA bearish shark setup on a counter-trend trading opportunity. Trade has engaged, waiting for a shorting opportunity when the market check-back.
Trade Ideas Position: NZDJPY SharkThis is what typically happens to a shark pattern, you get bitten the previous round and you come in for more.
A shark pattern can have as much as 3 entry price, if you aren't familiar with it, you can get a bitten twice in a row and you may say, no, I'm not engaging this trade.
Guess what can happen on the third run? It can hit your target profit and you get all upset on it.
Trade Ideas Position: NZDJPY SharkA confirmed bearish shark pattern setup with arrow confirmation. On both the 1-hourly and 4-hourly chart it is a ranging market, but on the daily, it is a trend trading opportunity.
